The Covid virus has especially hit the casino industry in Nevada.  Show you understand the autonomous spending multiplier concept by explaining why a negative shock to a core industry in any state or locality will tend to be multiplied, so the ultimate negative effect is much greater than the initial shock.

I need help with this question please

The tax cuts of 2008 and 2009 reduced the disposable income of U.S. consumers.  True or  False

Consider two economies, A and B. Economy A has a marginal propensity to consume of 0.9, a net tax rate of 0.2 and a marginal propensity to import of 0.2. Economy B has a marginal propensity to consume of 0.7, a net tax rate of 0.2 and a marginal propensity to import of 0.2. Suppose there is an increase in autonomous investment of $5 billion in each of these economies. Which of the following statements is true? Select one: O A. The AD curve shifts farther to the right in Economy A than Economy B. O B. The AD curve shifts to the left the same amount in both economies. O C. The simple multiplier is larger in Economy A. O D. The AD curve shifts to the right the same amount in both economies. O E. The AD curve shifts farther to the left in Economy B than Economy A.

Which of the following has the largest multiplier asssociated with it? A) MPC = 0.6 B) MPC = 0.8 C) MPC = 0.9 D) MPC = 0.7

The economy is in a recession and the government wants to increase output. If the multiplier equals 3 and the government increases spending by 250, how much will output increase by? a) 100 b) 200 c) 750 d) 50

Using the Lagrange multiplier, calculate the marginal cost ofproducing an additional unit of output at the cost minimising point?

Holy cow! The giant manufactory company Whamazon is considering your city to locate its new factory. You are the mayor of the city. Suppose that you estimate the MPC of your city to be 0.67. Suppose further that Whamazon estimates the immediate new Investment impact upon your city will be $350 million. Whamazon is asking for a tax subsidy of $1,000 million ($1 Billion) to locate there. Should you take the offer? Why or why not? Absolutely not. $1 Billion! Your city would end up in the hole the entire $1,000 million. No, your city would end up in the behind $650 million (the $1,000 subsidy minus the $350 new investment). Yes, your city comes out ahead $650 million ($1,000 subsidy cost $350 investment) - Yes, your city comes out ahead $1,350 ahead ($1,000 subsidy + $350 investment) Yes, your city comes out ahead $60 million ($1,060 new economic development - $1,000 cost of the subsidy).

Consider a small macroeconomy located near the South Pacific Ocean where the current interest rate is 15 percent and the potential level of real GDP equal to $2.7 billion. Consumers spending behavior is described by the equation: C = 175 + 0.8DI, while firm's investment spending behavior is described by the equation: 1 = 60 +0.25Y-750r. Trade is allowed and currently, total exports is fixed at $150 million while total imports is described by the equation: IM = 320 + 0.1Y. The government's spending is fixed at $840 million and net taxes is described by the equation: T=50 +0.25Y. (Question 4 of 6) Consider that actual rate of unemployment is 5 percent and the current government implements a monetary policy to stabilize the current economic environment. Given the government's policy, what will be the new equilibrium level of GDP (in millions of dollars)? (report your answer at 2 decimal places)